Perforating Gun Market Set for $1.83 Billion Surge Amid Horizontal Drilling Boom- Exclusive Report by The Research Insights - Seite 5

Global Perforating Gun Market Recent Developments and Innovations:

• In December 2024, SLB (US) signed a contract with Petrobras (Brazil) to deliver a complete suite of services for Petrobras' offshore fields in Brazil. Using innovative drilling, cementing and drilling fluid technology on up to nine ultra-deepwater rigs, SLB will oversee the drilling of more than 100 deepwater wells.
• In September 2024, Weatherford (US) acquired Datagration Solutions Inc., (US) analytics, machine learning and integrated data unification company. Through this acquisition, Weatherford now has one of the most advanced and modern digital solutions available for production and asset optimization in the oil and gas industry.
• In September 2024, GEODynamics (US) launched the EPIC Flex Orbit Perforating System, a self-orienting, configurable perforating system that increases efficiency and accuracy in multi-stage plug-and-perf operations. The system expands on the EPIC Flex suite by enabling integration of components from any OEM and delivers precise, gravity-driven shot placement in a variety of wellbore configurations.
• In October 2024, NOV (US) acquired Fortress Downhole Tools (US), expanding its portfolio of downhole technology. This acquisition complements NOV's existing well completion and intervention solutions, offering a range of additional products for oil & gas operators.

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theresearchinsights.com/request_sample?id=3612

Frequently Asked Questions (FAQs):

1. What is the forecasted market size of the Perforating Gun Market in 2030?
   The forecasted market size of the Perforating Gun Market is USD 1.83 billion in 2030.
2. Who are the leading players in the Perforating Gun Market?
   The key players in the Perforating Gun Market include, Baker Hughes; Schlumberger Limited; Weatherford International plc; NOV Inc.; Halliburton Company; Hunting PLC; DMC Global Inc.; China Shaanxi FYPE Rigid; Machinery Co. Ltd.; Core Laboratories NV; and G&H Diversified Manufacturing.
3. What are the major drivers for the Perforating Gun Market?
   The market exhibits promising growth, given the increasing demand from businesses and individuals seeking to neutralize their carbon footprint.
4. Which is the largest region during the forecasted period in the Perforating Gun Market?